Published: 15 September 2016
Analyst(s): Procurement Research Team
Create a tracking process that outlines what types of innovation and collaboration value suppliers currently deliver. Use insights gleaned from this initial tracking as a performance baseline. HP created a strategic supplier development team to accomplish this. The HP team built a database with information on each supplier project, tracking attributes such as purchasing category, supplier partner, duration, resources required, and value. Through the tracking of this data, HP compared performance of specific project teams, businesses, and suppliers to a baseline of similar projects. Examining these comparisons raises questions that can help the team understand whether supplier-based innovation and collaboration issues are caused by unique circumstances or actual project management deficiencies.
Actively Track Project Execution Performance
Step in At Earliest Indication of a Stalling Project
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